Apple Has Dramatically Slowed Its Pace of Corporate Acquisitions

The pace of Apple’s acquisitions has “dramatically” slowed over the past two years, Bloomberg‘s Mark Gurman reports. Regulatory filings show that Apple spent $33 million on payments related to acquisitions during the last fiscal year and $169 million in the first nine months of the current fiscal year. This is down from $1.5 billion in […]

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Gurman: M1 Pro Mac Mini ‘Now Off the Table’ as Apple’s Focus Turns to M2 and M2 Pro Options

Apple abandoned its plans to release a new Mac mini model with the M1 Pro chip, according to Bloomberg‘s Mark Gurman. In the latest edition of his Power On newsletter, Gurman said that Apple had been working on an ‌M1 Pro‌ version of the ‌Mac mini‌ and intended to launch the device at the end […]

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Gurman: Apple Watch ‘Pro’ to Offer First True Redesign Since Series 4, but No Flat Sides

The upcoming high-end variant of the Apple Watch Series 8 will feature the device’s first redesign in years and a new titanium casing, but will not feature the long-rumored squared-off look, according to Bloomberg‘s Mark Gurman. In the latest edition of his “Power On” newsletter, Gurman said that this year’s high-end Apple Watch model will […]

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Peloton Turning to Apple Suppliers After Failing to Find a Buyer

Peloton is switching to Apple suppliers like Quanta and Pegatron as it attempts to turn its business around, Bloomberg‘s Mark Gurman reports. Peloton will no longer produce its bikes and treadmills at its own factories and rely solely on manufacturing partners in a desperate attempt to simplify its operations and reduce costs, according to the […]

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Apple Keeping iPhone Production Target Unchanged at 220 Million Units for 2022

Apple plans to produce roughly 220 million iPhone units in 2022, a production target that is mostly unchanged from the previous year despite supply chain constraints and expected high demand for new iPhones this fall, Bloomberg reports. Apple has reportedly told its suppliers that it still wants to make up to 220 million ‌iPhone‌ units […]

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Apple’s AR/VR Headset Nearing Completion as Board Gets Demo

Apple last week demonstrated its upcoming AR/VR headset to Apple board members, indicating that the device is in an advanced stage of development and could see a debut in the not too distant future, reports Bloomberg. Apple has also ramped up development of the software that runs on the headset, with that software expected to […]

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Bloomberg Confirms Apple is Testing iPhones With USB-C Ports

Apple is indeed testing iPhones that are equipped with USB-C ports instead of Lightning ports, according to Bloomberg‘s Mark Gurman. Apple does not plan to make the switch from Lightning to USB-C until 2023 at the earliest, with this year’s iPhones continuing to offer a Lightning port. We first heard about a potential swap to […]

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Peloton Looking for Investor Like Apple to Buy 20% of Company

Peloton is looking for a major company like Apple or Amazon to buy a stake of around 20 percent in its business in an effort to improve the company’s fortunes amid dwindling demand for its products and fierce competition from services like Apple Fitness+, according to a report from Bloomberg. Sources believed to be familiar […]

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Gurman: Standard iPhone 14 to Miss Out on 48MP Camera and A16 Chip, Satellite Connectivity Features Could Launch This Year

The iPhone 14 models will deviate further from the iPhone 14 Pro models with different chips and Wide cameras, according to Bloomberg‘s Mark Gurman. In his latest “Power On” newsletter, Gurman supported a range of rumors about the ‌iPhone 14‌ lineup and affirmed that Apple is still working on satellite connectivity features. Gurman outlined how […]

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Apple Testing at Least Nine New Macs With Four Different M2 Chip Variants

Apple is internally testing several variants of the next-generation M2 chip and the updated Macs that will be equipped with them, reports Bloomberg, citing developer logs. There are “at least” nine new Macs in development that use four different M2 chips that are successors to the current M1 chips. Apple is working on devices with […]

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Apple Watch to Eventually Gain Satellite Connectivity Feature for SOS and Emergency Contacts

Apple plans to bring satellite connectivity to the Apple Watch in the future, which would allow for emergency texting and SOS response features directly on a wearer’s wrist, Bloomberg reports. Before the iPhone 13 launch last fall, a flurry of reports had suggested the 2021 iPhone lineup would feature “LEO,” or satellite connectivity. Satellite connectivity […]

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New Apple Watch Health Features Coming This Year, but Blood Pressure and Blood Sugar Sensors Delayed

Apple is still planning to add new body temperature monitoring to the Apple Watch this year, despite experiencing development problems with blood pressure and blood glucose monitoring, in addition to multiple new features in the iPhone‘s Health app, according to Bloomberg‘s Mark Gurman. Apple has reportedly been working on an updated sensor for the Apple […]

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Expanded Low-Power Mode in watchOS 9 Will Work With More Apps and Features

watchOS 9 will feature a new power-saving mode that will let users use an Apple Watch and its apps and features without taking up a significant amount of battery life, Bloomberg’s Mark Gurman reported today. Currently, the Apple Watch features “Power Reserve” mode, which greatly limits Apple Watch functionality to only show users the time. […]

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Apple Developing In-House Payment Processing Technology for Future Finance Products

Apple is working on a multiyear plan to bring its financial services in-house in the future, cutting down on the need for financial partners like Goldman Sachs, reports Bloomberg. Apple is developing payment processing technology and infrastructure such as lending risk assessment, fraud analysis, credit checks, and dispute handling, plus it is working on tools […]

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Apple Developing Hardware Subscription Service for iPhones and Other Devices

Apple is developing a hardware subscription service that would allow customers to “subscribe” and receive an iPhone or other Apple device as part of their subscription, similar to the way current Apple subscriptions like iCloud work, reports Bloomberg. Customers would be able to pay a monthly subscription fee and gain access to a device for […]

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New Low-Cost iPhone SE 5G and iPad Air Coming on March 8

Apple is planning to unveil an updated version of the iPhone SE with 5G and a new iPad Air at an event that’s set to take place in March, reports Bloomberg‘s Mark Gurman. Apple is said to be targeting Tuesday, March 8 for the ‌iPhone SE‌ event. As we have heard several times before, the […]

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Upcoming iOS Update Will Allow iPhones to Accept Credit Cards Directly Using NFC

Apple is working on a new payments service that will allow iPhones to accept payments directly on device with no additional hardware, reports Bloomberg. Right now, iPhones can accept credit cards with add-ons like the Square Reader, but Apple’s new technology will eliminate the need for a third-party product. Individuals and small businesses will be […]

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Apple to Allow In-App Third-Party Payment Options for First Time in the Netherlands

Apple will allow third-party payment options for in-app purchases for dating apps in the Netherlands, in the first ever concession of its kind (via Bloomberg). Following a Dutch ruling, Apple has agreed to comply with the demand for third-party payment services to pay for in-app purchases in dating apps. The move will circumvent Apple’s 15 […]

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Apple AR/VR Headset Potentially Delayed Until 2023 Amid Development Problems

Apple’s long-rumored AR/VR headset could be delayed until 2023 after being beset with issues during the development process, according to Bloomberg. Citing people familiar with Apple’s plans, the report claims that Apple originally planned to launch the headset in 2021 and ship it this year. The company then set its sights on WWDC in June […]

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First Apple Mixed Reality Headset Rumored to Focus on Gaming, Media, and Communication

Apple’s rumored augmented reality (AR) and virtual reality (VR) headset will focus on gaming, media consumption, and communication, according to Bloomberg‘s Mark Gurman. Concept render of Apple’s rumored AR headset by Antonio De Rosa Gurman, who often reveals accurate insights into Apple’s plans, outlined the broad use-cases that users can expect from the company’s mixed […]

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